KRYLL - KRL/USD - 1H - Technical analysis published on 06/15/2024 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
44%
28%
28%
My opinion
Bearish under 0.529847 USD
My targets
0.476562 USD (-7.25%)
0.471069 USD (-8.32%)
My analysis
KRYLL - KRL/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.529847 USD. The next support located at 0.476562 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.471069 USD. Below this support, sellers could then target 0.366509 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
5.5
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
KRYLL - KRL/USD rating 0.513804 USD. The price is lower by -0.37% since the last closing and was traded between 0.508250 USD and 0.517731 USD over the period. The price is currently at +1.09% from its lowest and -0.76% from its highest.0.508250
0.517731
0.513804
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this 1H chart of KRYLL - KRL/USD indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 8 are bullish, 5 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
Momentum indicator is back over 0
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Resistance of channel is broken
Type : Bullish
Timeframe : 1 hour
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.227263 | 0.366509 | 0.476562 | 0.513804 | 0.529847 | 0.576811 | 0.631919 |
| Change (%) | -55.77% | -28.67% | -7.25% | - | +3.12% | +12.26% | +22.99% |
| Change | -0.286541 | -0.147295 | -0.037242 | - | +0.016043 | +0.063007 | +0.118115 |
| Level | Major | Intermediate | Intermediate | - | Major | Intermediate | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.486707 | 0.497975 | 0.506844 | 0.518112 | 0.526981 | 0.538249 | 0.547118 |
| Camarilla | 0.510175 | 0.512021 | 0.513867 | 0.515713 | 0.517559 | 0.519405 | 0.521251 |
| Woodie | 0.485508 | 0.497375 | 0.505645 | 0.517512 | 0.525782 | 0.537649 | 0.545919 |
| Fibonacci | 0.497975 | 0.505667 | 0.510420 | 0.518112 | 0.525804 | 0.530557 | 0.538249 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.471069 | 0.521691 | 0.553394 | 0.604016 | 0.635719 | 0.686341 | 0.718044 |
| Camarilla | 0.562458 | 0.570004 | 0.577551 | 0.585097 | 0.592644 | 0.600190 | 0.607736 |
| Woodie | 0.461610 | 0.516961 | 0.543935 | 0.599286 | 0.626260 | 0.681611 | 0.708585 |
| Fibonacci | 0.521691 | 0.553139 | 0.572568 | 0.604016 | 0.635464 | 0.654893 | 0.686341 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.247999 | 0.422873 | 0.515906 | 0.690780 | 0.783813 | 0.958687 | 1.051720 |
| Camarilla | 0.535266 | 0.559824 | 0.584382 | 0.608940 | 0.633498 | 0.658056 | 0.682614 |
| Woodie | 0.207080 | 0.402413 | 0.474987 | 0.670320 | 0.742894 | 0.938227 | 1.010801 |
| Fibonacci | 0.422873 | 0.525213 | 0.588439 | 0.690780 | 0.793120 | 0.856346 | 0.958687 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.57 | |
| MACD (12,26,9): | -0.0032 | |
| Directional Movement: | -2.896137 | |
| AROON (14): | -28.571428 | |
| DEMA (21): | 0.511023 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.514817 | |
| Elder Ray (13): | -0.001835 | |
| Super Trend (3,10): | 0.527379 | |
| Zig ZAG (10): | 0.512987 | |
| VORTEX (21): | 0.9231 | |
| Stochastique (14,3,5): | 41.26 | |
| TEMA (21): | 0.512124 | |
| Williams %R (14): | -59.89 | |
| Chande Momentum Oscillator (20): | 0.001657 | |
| Repulse (5,40,3): | 0.3412 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1027 | |
| Courbe Coppock: | 1.79 |
| MA7: | 0.542992 | |
| MA20: | 0.596655 | |
| MA50: | 0.649071 | |
| MA100: | 0.712809 | |
| MAexp7: | 0.513503 | |
| MAexp20: | 0.516173 | |
| MAexp50: | 0.523946 | |
| MAexp100: | 0.537775 | |
| Price / MA7: | -5.38% | |
| Price / MA20: | -13.89% | |
| Price / MA50: | -20.84% | |
| Price / MA100: | -27.92% | |
| Price / MAexp7: | +0.06% | |
| Price / MAexp20: | -0.46% | |
| Price / MAexp50: | -1.94% | |
| Price / MAexp100: | -4.46% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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